Forward-looking statements in this press release include, but are not limited to, statements with respect to the exploration program (including the significant exploration upside at Bomboré, and the potential to materially expand the project’s resource base from the current global 5.13 million gold ounces, to a targeted 7 to 10 million gold ounces longer term; implications of extending the current life of mine pits to depth, and increasing the project’s production profile; the potential with subsequent infill drilling to materially extend the North Zone Footwall resource and reserve pits to depth; opportunities to extend the mineralized system at depth across the greater 14km long reserve defined trend; the belief that the higher-grade sub-zones may host the potential to transition into underground mining beneath the existing open pits and that this is a well demonstrated mine sequence in-country, and if successful, would not only serve to increase the operating head grade at Bomboré, but also increase the overall production profile; and historical drilling supporting P16 and P17S deposits’ down plunge continuity of the high-grade sub-zones, the potential for limb extensions to the East and West and repeats of the system along strike); the potential expansion of mineral reservices and resources; exploration activities; interpretations of drilling results; future production; project development timelines (including the ongoing production expansion being ahead of schedule); and anticipated economic benefits.
P16 – selected high-grade historical intercepts: 10.63g/t Au over 14.0m (BBD0448)16.50g/t Au over 5.0m (BBD0448)9.03g/t Au over 12.0m (BBC3241)6.69g/t Au over 15.5m (BBD0443)5.91g/t Au over 15.0m (BBD0447)7.82g/t Au over 9.0m (BBD0213)58.91g/t Au over 3.0m (BBD0768) P17S - selected high-grade historical intercepts: 14.67g/t Au over 6.0m (BBD1066)16.58g/t Au over 4.6m (BBD0991)11.52g/t Au over 10.6m (BBD1081)9.44g/t Au over 10.0m (TYD0041)8.47g/t Au over 6.0m (BBD1132)7.08g/t Au over 7.0m (TYC0123)7.62g/t Au over 5.5m (TYD0035) Figure 1: Bomboré Gold Mine Property Map Figure 2: North Zone Footwall Long Section Looking Southeast Figure 3: North Zone Hill Long Section Looking Northwest Figure 4: P16 Long Section Looking North-Northwest Figure 5: P17 Long Section Looking North-Northwest Bomboré Drill Results Table 1: Highlight Drill Intercepts from the North Zone HoleEastingNorthingElevationDipAzimuthEOH(m)From(m)To(m)Length(m)Grade(g/t Au)TypeBBD13157293901354119282-51313414322.00325.003.000.70HRand 336.00345.009.001.06HRand 363.00368.005.001.02HRand 386.30393.006.701.40HRBBD13167291601354057286-52313300188.00191.003.000.69HRand 271.00282.6011.600.78HRand 292.00293.001.002.68HRBBD13177292341353990284-5131342914.0018.004.000.44OXand 20.8024.203.401.02OXand 45.5048.603.100.37OXand 65.0075.0010.000.75OXand 303.00314.0011.000.95HRand 328.00339.0011.000.75HRand 380.10387.407.301.53HRincl. 382.25387.405.151.92HRand 398.00401.003.001.73HRBBD13187290621354011284-56312317167.20177.009.801.59HRand 254.00269.0015.001.80HRincl. 261.00267.906.902.52HRand 286.00287.001.002.95HRBBD13197290091353921282-53313330282.00300.7018.701.01HRincl. 293.70300.707.001.23HRand 305.65309.754.101.29HRand 318.00323.005.001.04HRBBD13207294921354296289-5631232188.0093.305.301.55HRand 259.00288.5029.501.14HRincl. 261.50266.004.502.30HRand 275.00281.206.101.93HRBBD13227295691354228289-553114565.509.804.300.56OXand 58.1561.503.350.47OXand 364.00367.003.000.75HRand 391.00402.0011.000.95HRand 409.00415.856.851.69HRincl. 411.90414.802.903.07HRBBD13237291361353944282-563114294.506.752.250.86OXand 12.8015.102.300.54OXand 209.00211.002.0024.74HRand 244.25247.002.750.99HRand 364.00387.8023.801.20HRincl. 371.00375.004.001.79HRand 391.30394.002.700.96HRBBD13247289951353667280-5231031220.2023.203.001.23OXand 193.00216.0023.002.55HRincl. 196.00201.005.005.54HRand 277.95280.002.050.91HRand 382.00385.003.002.42HRBBD13257289831353576276-54311381233.00237.004.001.94HRincl. 235.00236.001.005.40HRand 243.00248.005.001.46HRBBD13267296741354502286-523143356.008.152.150.71OXand 189.00191.002.005.42HRand 253.00254.001.002.11HRBBD13277289911353806281-5131246813.5017.504.000.54OXand 21.6023.802.201.38OXand 33.5534.500.951.48OXand 360.00362.002.000.99HRand 372.20373.100.908.81HRand 384.70396.0011.300.86HRBBD13287289761353684281-5131328224.0031.757.750.58OXand 59.2563.904.650.46OXand 172.20173.100.905.53HRand 210.25212.151.902.44HRand 253.60257.553.951.39HR True widths for North Zone drilling are approximately 85% of drilled lengths.
Together with our ongoing production expansion, which is currently ahead of schedule, this renewed focus on exploration at Bomboré, and testing the overall size and scale of the broader system, represent a truly exciting time for Orezone on multiple fronts.” North Zone Footwall – Extending Mineral System to Depth Initial drilling last year, targeting the North Zone Footwall at depth, was successful in extending high-grade mineralization 240m below the current reserve pit, with intercepts of 1.02g/t Au over 57.00m (BBD1313) and 1.64g/t Au over 46.00m (BBD1314).
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